Categories Banking

Openings For Central Bank Of India

The Central Bank of India has announced the recruitment for 266 posts under the Junior Management Grade Scale I. Below is a summary of the job description, roles, and responsibilities:

Junior Management Grade Scale I Officer

1. Banking Operations:

  • Handling customer queries, complaints, and requests for banking products and services.
  • Processing and managing transactions including deposits, withdrawals, and account management.
  • Assisting in the opening of new accounts, updating account information, and maintaining records. 2.Loan and Credit Assessment:
  • Processing loan applications, evaluating creditworthiness, and recommending loan disbursal or rejection.
  • Conducting necessary verifications and risk assessments for loan approvals.

2. Sales And Marketing:

  • Promoting and cross-selling the bank’s products and services.
  • Engaging with customers to ensure they are aware of the full range of banking offerings.
  • Achieving sales targets related to loans, deposits, and other financial products.

3. Risk Management & Compliance:

  • Maintaining high levels of customer satisfaction and providing quality service.
  • Handling customer issues efficiently and resolving complaints promptly.

4. Administrative Support:

  • Managing daily banking operations efficiently, including cashiering, accounting, and reconciliation tasks.
  • Participating in internal audits, monitoring processes, and reporting discrepancies.

5. Other Duties:

  • Assisting in training and mentoring junior staff as required.
  • Keeping abreast of the latest trends and updates in banking regulations and practices. Eligibility Criteria:

6. Educational Qualification:

  • A Degree (Graduation) in any discipline from a recognized university or equivalent qualification.

7. Age Limit:

  • The age of the candidate must be between 20 years and 30 years as of the specified cutoff date. Relaxations may apply as per government rules.

8. Experience:

  • No prior work experience is required, although candidates with prior experience in banking or financial services may be given preference.

9. Other Requirements:

  • Good knowledge of banking and financial products.
  • Strong interpersonal and communication skills.
  • Ability to work in a team and manage workload effectively. Selection Process:
    The selection process consists of the following stages:
  1. Online Examination: A written test to assess the candidate’s knowledge and aptitude.
  2. Interview: Shortlisted candidates will be invited for an interview based on their performance in the exam.
  3. Document Verification: Successful candidates will undergo document verification before final selection. Salary & Benefits:
  • The salary will be in line with the Junior Management Grade Scale I, and additional perks such as medical insurance, provident fund, and other allowances will be provided as per the norms. Application Process:
    Interested candidates can apply online through the official website of Central Bank of India. Detailed instructions for the application and fee payment process will be provided on the recruitment portal. Important Dates:
  • Online Application Start Date: [Insert Start Date]
  • Online Application End Date: [Insert End Date]
  • Date of Exam: [Insert Exam Date]

The Central Bank of India is recruiting for 266 Junior Management Grade Scale I (Zonal Based Officer) positions. Here’s a brief description of the role:

  • Position: Zone Based Officer – Junior Management Grade Scale I
  • Zones: Ahmedabad, Chennai, Guwahati, Hyderabad
  • Eligibility: Graduation in any discipline from a recognized university or equivalent qualification. Integrated Dual Degree (IDD), Medical, Engineering, Chartered Accountant, and Cost Accountant candidates are also eligible.
  • Age Limit: Candidates should be between 21 to 32 years as of November 30, 2024. Age relaxation is available for SC/ST, OBC, and Divyang candidates.
  • Pay Scale: Rs. 48,480 – Rs. 85,920 per month.
  • Selection Process: Based on a written test and interview.
  • Application Fee: Rs. 850 (plus GST), with a reduced fee of Rs. 175 (plus GST) for SC, ST, PwBD candidates.
  • Important Dates: Online registration started on January 21, 2025, and the last date to apply is February 9, 2025. The online examination is tentatively scheduled for March 2025.

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